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YTL

0.980

+0.01 (+1%)

Additional Listing Announcement /Subdivision of Shares

YTL CORPORATION BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Special Issue
Details of corporate proposal UNCONDITIONAL SHARE EXCHANGE OFFER BY YTL CORPORATION BERHAD ("YTL CORP" OR "OFFEROR") TO ACQUIRE ALL THE REMAINING SECURITIES IN YTL LAND & DEVELOPMENT BERHAD ("YTL LAND") NOT ALREADY OWNED BY YTL CORP THROUGH THE ISSUANCE OF NEW ORDINARY SHARES IN YTL CORP AT AN ISSUE PRICE OF RM1.14 EACH ("CONSIDERATION SHARES") ("OFFER")
No. of shares issued under this corporate proposal 4,944,682
Issue price per share ($$) Malaysian Ringgit (MYR)   1.1400
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 10,946,607,097
Issued Share Capital ($$) Malaysian Ringgit (MYR) 3,381,204,985.520
Listing Date 26 Jul 2019


Remarks :
Pursuant to the valid acceptances received by the Offeror after 5:00 p.m. (Malaysian time) on 11 July 2019 up to 5:00 p.m. (Malaysian time) on 18 July 2019 under the Offer, a total of 4,944,682 Consideration Shares have been issued, details of which are set out below: 

(i)    3,553,498 Consideration Shares to the shareholders of YTL Land; and 
(ii)   1,391,184 Consideration Shares to the holders of irredeemable convertible unsecured loan stocks 2011/2021 of YTL Land.


Announcement Info

Company Name YTL CORPORATION BERHAD
Stock Name YTL
Date Announced 25 Jul 2019
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-23072019-00009